UPDATE: Despite what Nikkan Sports is reporting, many are now saying that there is no deal in place between Ichiro and the Yankees. Joel Sherman just went so far as to say that a deal has not yet been seriously discussed.

So, yeah, stand by for further updates.

9:20 AM: It’s “sign old guys day” in the Bronx. First was Andy Pettitte and now it’s Ichiro:

Japan’s Nikkan Sports reporting Ichiro is to agree to 1 year $5 million deal w/incentives to the New York #Yankees. bit.ly/WVlM8m

It felt weird to see Ichiro in anything but a Seattle Mariners’ uniform, but he took to Yankee pinstripes quite nicely after last season’s trade, hitting .322 with five home runs and a .794 OPS after coming over from the Mariners in July.

Ichiro is a mere three months younger than your creaky, grumpy and bald blogger here, but he still has game. Not the $17 million worth of game he was paid for in 2012, but at $5 million keeping him in New York makes a heck of a lot of sense.